Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Germany

GFKL Agrees to Sell Controlling Stake to Advent International

Posted Wed, 14/10/2009 - 00:00

Global buyout firm Advent International has reached an agreement with GFKL Financial Services AG to acquire a controlling stake in the German debt collection company. A group of GFKL's institutional investors will sell the stake to Advent for an undisclosed amount. In addition to the acquisition, Advent is committed to a capital increase to help with GFKL's future growth and equity base.

eVenture Capital Joins with Vivex in Support of Mapia.ua

Posted Thu, 23/07/2009 - 13:35

eVenture Capital markets has chosen to make a big splash with its first Russian/Ukrainian internet investment by acquiring a stake in Mapia.ua, a Ukrainian startup offering online mapping and searching services.

MIBRAG Sold to Joint Venture of J&T and CEZ

Posted Wed, 01/07/2009 - 21:06

URS Corporation and NRG Energy, Inc., joint owners of MIBRAG, have completed the sale of the German mining and power company to another joint venture in the Czech Republic. Private Equity firm J&T Finance Group has teamed up with the largest Czech power company CEZ to acquire MIBRAG at a cost of $520 million.

Marfin Investment Group Acquires Minority Stake in Flight Ambulance International

Posted Mon, 08/12/2008 - 01:00

Marfin Investment Group Holdings announced that it had acquired approximately 49.99% of Flight Ambulance International for EUR 15 million. Flight Ambulance International, based in Nuremberg, Germany, is a world leader in medical air evacuation. Marfin executed the transaction through a purchase of equity and retained a 2-year option to increase its stake to 51% of FAI for an additional EUR 2.5 million.